Titanium Group to bring in 240 new Volvos

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WOODBRIDGE, Ont. — Titanium Group has announced it’s adding 240 new Volvo VNL 670 trucks to its fleet.

The first shipments have already arrived, with the company scheduled to take delivery of 140 this year and in early 2016. It has also secured build slots for an additional 100 trucks scheduled for delivery next year, the company announced.

“The increase in the size of our fleet is a direct response to our customers needs in our core markets where access to freight capacity has become limited,” announced Ted Daniel, Titanium Group CEO.

The company currently operates 350 power units. A portion of the new trucks will be used to replace equipment obtained through future acquisitions and some will replace existing power units.

The trucks will be financed through Volvo Financial Services, the company announced.